Andrew Wiederhorn faces losing control of bankrupt FAT Brands as creditors push for an outside trustee to take over. The Wall Street Journal reports lenders, holding significant debt, want the CEO removed from his position. This move comes after FAT Brands filed for Chapter 11 bankruptcy protection earlier this year.

The core dispute centers on Wiederhorn's management of the company during its financial distress. Creditors argue his leadership failed to adequately address the chain's challenges, including declining sales and mounting liabilities. FAT Brands, which owns the Burger King and Popeyes franchises, is a major player in the quick-service restaurant sector. The outcome of this legal battle could determine the future direction of these iconic brands.

A court hearing is scheduled to determine the next steps in the bankruptcy process.